While on a 3 day slump, falling a total of 8.6%, Similar trend today: Uniswap is down to $6.43, after ending today at $6.63. Overall, a 2.98% loss or $0.197 today.
Highly important Unemployment Rate data from United States beat analyst expectations of 3.4 with a reading of 3.6.
On the flip side, data for United States Non Farm Payrolls released yesterday at 13:30 UTC is better than expected with 311,000, but worse than previous figure of 504,000.
Amid the market gloom, United States CFTC Gold speculative net positions released yesterday at 20:30 UTC with a figure of 107,100, while the previous figure was 128,800.
As the day gets underway, chart analysis suggests the resistance level is at $7, followed by $7.19.
Positive performances can be seen by looking at other markets as FTX Token is up 9.54%.
In addition, TRON trades close to $0.058, with no major change.
After hitting an important low of $0 approximately 29 days ago, Uniswap has bounced back 2,761,848% since.